(1) The department of revenue shall determine annually the total amount designated pursuant to section 39-22-5002 and shall report that amount to the state treasurer and to the general assembly. The state treasurer shall credit that amount to the Young Americans Center for Financial Education fund, which fund is hereby created in the state treasury. All interest derived from the deposit and investment of money in the fund shall be credited to the fund.
(2) The general assembly shall appropriate annually from the Young Americans Center for Financial Education fund to the department of revenue its costs of administering money designated as contributions to the fund. After subtracting the appropriation to the department, the state treasurer shall transfer all money remaining in the fund at the end of the fiscal year to the Young Americans Center for Financial Education, a Colorado nonprofit organization.
Source: L. 2018: Entire part added, (HB 18-1305), ch. 210, p. 1344, § 1, effective August 8.